Bitcoin’s exchange deposits have dramatically dropped to an average of 48,000 monthly. The daily deposit count has fallen even further to around 37,000, signaling a significant reduction in BTC trading activity.
The Stock to Flow Ratio for Bitcoin has risen to 59.4k, indicating heightened scarcity. This increase signifies that investors are accumulating BTC, reflecting a long-term confidence in its value despite it trading above 100,000 USD.
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